Canada’s grain freight regulations inhibit productivity

The cost of railway infrastructure projects, such as the Rogers Pass tunnel or network acquisition, is staggering. In contrast, rail’s air, trucking and marine competitors have an advantage from the outset in not having to build or maintain infrastructure. And while rail can withstand underinvestment for years, eventually a lack of capital catches up and

Feds put CP back to work

The Canadian government will force striking workers at Canadian Pacific Railway back to work with fast-track legislation to end the strike, Labour Minister Lisa Raitt said May 28. “We’re proposing legislation today to protect our recovering economy and resume rail services,” Raitt told the House of Commons a day after the latest round of talks


Wheat buyers fret as Canadian grain monopoly ends

Reuters / Global wheat importers fear the quality of Canada’s prized spring wheat and durum may deteriorate once the Canadian Wheat Board loses its marketing monopoly, creating problems for makers of breads and pasta. A broad swath of wheat buyers, including Japan, known as the most quality-conscious wheat importer, has raised concerns that the consistent,

Canada hog supply edges up

winnipeg / reuters / Canada’s hog herd rose in the first quarter for the second straight year, as inventories recover from a period of downsizing spurred on by the Canadian government. The herd rose 1.8 per cent year over year to 12 million hogs on April 1, following a similar increase at the same time

Viterra shareholders to vote May 29

Reuters / Shareholders in Viterra Inc. will vote May 29 whether to approve a $6.1-billion friendly takeover of Canada’s biggest grain handler by Swiss-based commodities trader Glencore International PLC. The vote will be taken at a special shareholder meeting in Calgary, Alberta, a Viterra spokeswoman said. The deal’s completion requires approval of two-thirds of the


Time is right for free trade agreement push

A seasoned trade negotiator says trade agreements will do a lot to open markets for Canadian beef, but once they’re open, a second ingredient is needed — customer demand. “Despite all the constraints and problems there may be, the future for Canadian agriculture and for Canadian meat production and beef production, I think is really very

Marking a century of service

To survive a century is quite an achievement. But our longevity is not what is noteworthy, as you will see as you read about our past. No, our true achievement is our role in the growth of the Canadian grain industry. For 100 years, we have collaborated with Canadian grain producers and other members of

The virtues of patient capital

The story of the Prairie grain co-operatives is certainly one for the business books. Starting from nothing in 1923, by 1929 the Pools through the Central Selling Agency had the largest sales of any business in Canada. A year later it collapsed, but the Pools rose again as handling companies, and along with UGG, dominated


Canada’s Harper says Viterra bid not “primarily” foreign

reuters / Canadian Prime Minister Stephen Harper said March 25 that the structure of Glencore’s $6.1-billion deal to buy No. 1 Canadian grain handler Viterra means it should not necessarily be seen as a full foreign takeover. Harper’s comments come as the Canadian government and regulators begin reviewing the offer by Swiss-based Glencore, already the

Rising canola futures find point of resistance

Canola futures on the ICE Futures Canada trading platform moved higher during the week ended March 16. Concerns about the record pace of usage and the resulting depletion of old-crop canola stocks stimulated some of the upward price action. Chart-related speculative fund buying interest also contributed to the price advances. Much of that buying was